| Cash Option ($61.4 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $61,400,000.00 |
-$22,678,330.00 |
-$0.00 |
$38,721,670.00 |
| Annuity ($130 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$1,956,630.00 |
-$684,283.00 |
-$0.00 |
$1,272,347.00 |
| 2 |
$2,054,520.00 |
-$720,503.00 |
-$0.00 |
$1,334,017.00 |
| 3 |
$2,157,220.00 |
-$758,502.00 |
-$0.00 |
$1,398,718.00 |
| 4 |
$2,265,120.00 |
-$798,425.00 |
-$0.00 |
$1,466,695.00 |
| 5 |
$2,378,350.00 |
-$840,320.00 |
-$0.00 |
$1,538,030.00 |
| 6 |
$2,497,300.00 |
-$884,331.00 |
-$0.00 |
$1,612,969.00 |
| 7 |
$2,622,100.00 |
-$930,507.00 |
-$0.00 |
$1,691,593.00 |
| 8 |
$2,753,270.00 |
-$979,040.00 |
-$0.00 |
$1,774,230.00 |
| 9 |
$2,890,940.00 |
-$1,029,978.00 |
-$0.00 |
$1,860,962.00 |
| 10 |
$3,035,500.00 |
-$1,083,465.00 |
-$0.00 |
$1,952,035.00 |
| 11 |
$3,187,210.00 |
-$1,139,598.00 |
-$0.00 |
$2,047,612.00 |
| 12 |
$3,346,590.00 |
-$1,198,569.00 |
-$0.00 |
$2,148,021.00 |
| 13 |
$3,513,900.00 |
-$1,260,473.00 |
-$0.00 |
$2,253,427.00 |
| 14 |
$3,689,660.00 |
-$1,325,505.00 |
-$0.00 |
$2,364,155.00 |
| 15 |
$3,874,130.00 |
-$1,393,758.00 |
-$0.00 |
$2,480,372.00 |
| 16 |
$4,067,830.00 |
-$1,465,427.00 |
-$0.00 |
$2,602,403.00 |
| 17 |
$4,271,150.00 |
-$1,540,656.00 |
-$0.00 |
$2,730,494.00 |
| 18 |
$4,484,740.00 |
-$1,619,684.00 |
-$0.00 |
$2,865,056.00 |
| 19 |
$4,708,990.00 |
-$1,702,657.00 |
-$0.00 |
$3,006,333.00 |
| 20 |
$4,944,420.00 |
-$1,789,766.00 |
-$0.00 |
$3,154,654.00 |
| 21 |
$5,191,680.00 |
-$1,881,252.00 |
-$0.00 |
$3,310,428.00 |
| 22 |
$5,451,290.00 |
-$1,977,308.00 |
-$0.00 |
$3,473,982.00 |
| 23 |
$5,723,770.00 |
-$2,078,125.00 |
-$0.00 |
$3,645,645.00 |
| 24 |
$6,010,030.00 |
-$2,184,041.00 |
-$0.00 |
$3,825,989.00 |
| 25 |
$6,310,460.00 |
-$2,295,201.00 |
-$0.00 |
$4,015,259.00 |
| 26 |
$6,626,100.00 |
-$2,411,987.00 |
-$0.00 |
$4,214,113.00 |
| 27 |
$6,957,340.00 |
-$2,534,546.00 |
-$0.00 |
$4,422,794.00 |
| 28 |
$7,305,220.00 |
-$2,663,262.00 |
-$0.00 |
$4,641,958.00 |
| 29 |
$7,670,520.00 |
-$2,798,423.00 |
-$0.00 |
$4,872,097.00 |
| 30 |
$8,054,020.00 |
-$2,940,318.00 |
-$0.00 |
$5,113,702.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$130,000,000.00 |
-$48,100,000.00 |
-$0.00 |
$81,900,000.00 |
|
